David Thomson - Canadian Western Senior Vice President - Credit Risk Management

CWB Stock  CAD 27.00  0.02  0.07%   

President

David Thomson is Senior Vice President - Credit Risk Management of Canadian Western Bank since 2004.
Tenure 20 years
Address 10303 Jasper Avenue NW, Edmonton, AB, Canada, T5J 3X6
Phone780 423 8888
Webhttps://www.cwbank.com

David Thomson Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Thomson against Canadian Western stock is an integral part of due diligence when investing in Canadian Western. David Thomson insider activity provides valuable insight into whether Canadian Western is net buyers or sellers over its current business cycle. Note, Canadian Western insiders must abide by specific rules, including filing SEC forms every time they buy or sell Canadian Western'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Canadian Western Management Efficiency

At this time, Canadian Western's Return On Tangible Assets are very stable compared to the past year. As of the 4th of May 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.01. At this time, Canadian Western's Intangibles To Total Assets are very stable compared to the past year. As of the 4th of May 2024, Debt To Assets is likely to grow to 0.19, though Non Currrent Assets Other are likely to grow to (4.3 B). Canadian Western's management efficiency ratios could be used to measure how well Canadian Western manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 8.06 B in total debt with debt to equity ratio (D/E) of 0.54, which is about average as compared to similar companies. Debt can assist Canadian Western until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Western's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Western Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Western's use of debt, we should always consider it together with cash and equity.

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Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company was founded in 1984 and is headquartered in Edmonton, Canada. CDN WESTERN operates under BanksRegional classification in Canada and is traded on Toronto Stock Exchange. It employs 2502 people. Canadian Western Bank (CWB) is traded on Toronto Exchange in Canada and employs 2,454 people. Canadian Western is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Canadian Western Bank Leadership Team

Elected by the shareholders, the Canadian Western's board of directors comprises two types of representatives: Canadian Western inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Western's management team and ensure that shareholders' interests are well served. Canadian Western's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canadian Western's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Gilpin, Senior Vice President - Credit Risk Management
Diane Davies, Vice President - Operations
Sanford Riley, Independent Director
Bogac Ozdemir, Chief Risk Officer and Executive VP
Robert Manning, Independent Director
Kirby Hill, Vice President-Straegy and Communications
Azfar MBA, Chief Officer
Brian Young, Executive VP, CEO of Canadian Direct Insurance Incorporated and President of Canadian Direct Insurance Incorporated
David Parkatti, Acting VP
Kelly Blackett, Executive Vice President, Human Resources and Corporate Communications
Scott Weiss, Vice President-Real Estate Lending
Blaine Forer, Senior Vice President, Regional General, Manager - British Columbia
John Steeves, Senior Vice President Regional General Manager - Northern Alberta
Monique Nicholson, General VP
Matt Rudd, Senior Vice President - Finance
Niall Boles, Senior Vice President Treasurer
Lars Christensen, Vice President Chief Internal Auditor
VLADIMIR AHMAD, Senior Vice President Operations and Business Transformation
Matthew CFA, President Management
Stephen Murphy, Executive Vice President Banking
Kevin Dehod, President Management
Robert Phillips, Independent Chairman of the Board
Linda Hohol, Independent Director
Gregory Sprung, Executive VP of Banking
Mary Filippelli, Independent Director
Peter Morrison, Vice President - Marketing and Product Development
Matthew Rudd, Senior Vice President - Finance
Patrick Gallagher, Vice Relations
Raymond Protti, Independent Director
Gail Harding, Senior Vice President, Chief Legal Officer and Corporate Secretary
Christopher MA, CEO President
Stephen MBA, Personal Commercial
FCA FCA, Sr VP
Gay Mitchell, Director
Hugh Riley, Independent Director
Ian Reid, Independent Director
Allan Jackson, Independent Chairman of the Board
Andrew Bibby, Independent Director
Margaret Mulligan, Independent Director
Jeff Wright, Senior Vice President - Client Solutions
Mario Furlan, Senior Vice President - Real Estate and Specialized Lending
Albrecht Bellstedt, Independent Director
David Thomson, Senior Vice President - Credit Risk Management
Michael Docherty, Vice President - Equipment Financing Group
James Bowling, Senior Vice President - Regional General Manager, Prairies
Sarah MorganSilvester, Independent Director
M Eastwood, Executive Vice President Business Transformation
Glen Eastwood, Senior Vice President Regional General Manager
Carolina MBA, Chief Officer
Kelly Martin, Senior Vice President Chief Internal Auditor
Bindu Cudjoe, Senior Vice President General Counsel, Corporate Secretary
Angela MBA, Assistant Relations
H Ozdemir, Executive Vice President Chief Risk Officer
Michael Halliwell, Senior Vice President Regional General Manager
Michael Dubowec, President Leasing
Lester Shore, Senior Vice President and Regional General Manager, Northern Alberta
David Thompson, Senior Vice President - Credit Risk Management
Alan Rowe, Independent Director
Richard Hallson, Vice President - Corporate Lending
Daryl MacLellan, President Financial
Darrell Jones, Executive Vice President, Chief Information Officer
Jeffrey Wright, Group Businesses
Christopher Fowler, CEO and President and Non-Independent Director
Carolyn Graham, Chief Financial Officer, Executive Vice President
Supriya James, Senior Resources
Trent Erickson, Senior Management
E Mitchell, Independent Director
Randell Garvey, Executive Vice President
Allen Stephen, Vice President and Chief Accountant
Keith Hughes, Senior Vice President - Business and Personal Banking

Canadian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Canadian Western a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Canadian Western

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Western position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Western will appreciate offsetting losses from the drop in the long position's value.

Moving against Canadian Stock

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The ability to find closely correlated positions to Canadian Western could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Western when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Western - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Western Bank to buy it.
The correlation of Canadian Western is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Western moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Western Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Western can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Western Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Canadian Western Bank information on this page should be used as a complementary analysis to other Canadian Western's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Canadian Western's price analysis, check to measure Canadian Western's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Western is operating at the current time. Most of Canadian Western's value examination focuses on studying past and present price action to predict the probability of Canadian Western's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Western's price. Additionally, you may evaluate how the addition of Canadian Western to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Canadian Western's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Western is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Western's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.